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9 & 10/53 Front Street
Mossman QLD 4873
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Sold on 28 Aug 2024

9 & 10/53 Front Street Mossman QLD 4873

  • Offices
  • 109 m²
  • Sold, $350,000

AFFORDABLE COMMERCIAL OPPORTUNITY - LONG STANDING TENANT WITH A 7.1% RETURN

    Set on 2 titles this 109 sqm Mossman Street frontage office boasts a secure long standing tenant, a reputable blue chip business in the Douglas Shire for over 50 years.

    • New fit out in 2021 which is included in the sale
    • 15 year lease with 2 x 5 year options with 12.5 years remaining
    • Current annual rent is $26,524 plus gst
    • Fixed rent increases each year of 3% or CPI if higher
    • Tenant pays 100% of outgoings - council rates, body corp fees, water & electricity.
    • Great Super Fund investment at a 7.1% plus return

    For further information or to discuss the property further contact Mark Flinn on 0405 646 313

    Ray White Port Douglas
    Ray White Port Douglas
    2/24 Wharf St
    Port Douglas, QLD 4877

    Property Highlights

    Date Sold28 Aug 2024
    Sold Price$350,000
    Floor Area109 m²
    Land Area109 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Property ID2019230218
    Category
    Last updated  30 Aug 2024
    Map for 9 & 10/53 Front Street Mossman QLD 4873

    Nearest transport* to 9 & 10/53 Front Street Mossman QLD 4873

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    The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.
    Ray White Port Douglas
    Ray White Port Douglas
    2/24 Wharf St
    Port Douglas, QLD 4877

    Property Highlights

    Date Sold28 Aug 2024
    Sold Price$350,000
    Floor Area109 m²
    Land Area109 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Property ID2019230218
    Category
    Last updated  30 Aug 2024

    Listed by

    Mark Flinn
    Ray White Port Douglas
    Call
    0405646313

    More about 9 & 10/53 Front Street Mossman QLD 4873

    9 & 10/53 Front Street Mossman QLD 4873 is categorized as Office. It has a floor area of 109 m². The listing ID for this property is 2019230218.

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